Premium Essay

Business Analysis Mba 521

In: Business and Management

Submitted By tru2nc
Words 2554
Pages 11
In 2007 it took seven economists 11 months to decide what should have seemed obvious given all the foreclosures, bank failures, and layoffs that the United States is officially mired in a recession. Many economists believe the current downturn could be the worst since the recession of 1980-1982, when the United States unemployment rate soared above 10%. There are many reasons for the recession of 2008, but mostly because the irrational exuberance in the housing market led many people to buy houses they could not afford because everyone thought housing prices could only go up. In 2006, the bubble burst as housing prices started to decline. This caught many homeowners off guard, who had taken loans with little money down. As they realized they would lose money by selling the house for less than their mortgage, they foreclosed. An escalating foreclosure rate panicked many banks and hedge funds, who had bought mortgage-backed securities on the secondary market and realized they were facing huge losses. By August 2007, banks became afraid to lend to each other because they didn't want these toxic loans as collateral. This led to the $700 billion bailout, and bankruptcies or government nationalization of Bear Stearns, AIG, Fannie Mae, Freddie Mac, IndyMac Bank, and Washington Mutual. By December 2008, employment was declining faster than in the 2001 recession.
No industry took a hit like the retail industry. Compared to the 2009 Store Closing list, the number of stores scheduled for closure in the United States in 2010 seems small, but is still not insignificant. The recovery of consumer spending in the new decade was predicted to be slow because of high unemployment, and many supply chains continued to respond to recessed retail consumption with store closings. Many experts believe that the number of retail establishments per capita in the United States was excessive

Similar Documents

Premium Essay

Mgt 521 Week 2

...MGT 521 WEEK 2 To purchase this visit here: http://www.activitymode.com/product/mgt-521-week-2/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGT 521 WEEK 2 week 2 complete 1- Complete the Effective Research and Writing at University of Phoenix Module. Save a screen shot of the completion screen as a Microsoft Word document on your computer once you finish the module. Click the Assignment Files tab to submit your assignment 2- Navigate to the My Career Plan in Phoenix Career Services. Complete the Career Plan Building Activity: Work Culture Preferences. Note. Access to Career Plan Building Activity: Work Culture Preferences is only available after you complete the Career Plan Building Activity: Competencies. Write a paper of no more than 350 words discussing the results of your Career Plan Building Activity: Work Culture Preferences and Competencies. Reflect on your results.  How can knowing your ideal work culture help you in developing strategic and operational plans to achieve organizational goals?  Which competencies are essential to conducting a strengths, weaknesses, opportunities, and threats (SWOT) analysis?  How do your competencies relate to the essential competencies for conducting a SWOT analysis? Click the Assignment Files tab to submit your assignment. 3- You have decided to pursue an MBA degree either to further your career, start a new career, or achieve a personal goal. In this program, you will study the functional areas of business. Use...

Words: 2623 - Pages: 11

Premium Essay

Mgt 521entire Course

...http://hwaid.com/shop/management-2/ MGT 521 Week 1 Individual Assignment – Scavenger Hunt   Individual Assignment: Scavenger Hunt   Complete the scavenger hunt by following the instructions provided in Week 1 on the rEsource page. Post your responses as a Microsoft® Word attachment. MGT 521 Week 1 Assessed DQ – MBA Matrix Assessed Discussion Question: MBA Matrix   Which program outcome do you feel will add the most value for you? Which managerial competencies reflect current strengths for you? MGT 521 Week 2 Individual Assignment – Construct and Support an Argument 1. Individual Assignment: Construct and Support an Argument   Complete the Jungian Personality self-assessment located on the rEsource page. You can access this self-assessment, by selecting the Assessment tab, then scrolling to the What About Me section and then to Personality Insights. Select What’s My Jungian 16-Type Personality? Write an APA formatted paper of no more than 1,050 words in which you construct and support an argument on your decision to pursue an MBA degree to further your career, start a new career, or achieve a personal goal. Your paper should include consideration of the Jungian Personality self-assessment on how others perceive you. Use and evaluate published information in support of your argument.   Post your assignment as a Microsoft® Word document.   MGT 521 Week 3 Individual Assignment – Analysis of Team Charter Individual Assignment: Analysis of Team Charter   After collaborating...

Words: 617 - Pages: 3

Premium Essay

Mgt 521 Week 2

...A++PAPER;http://www.homeworkproviders.com/shop/mgt-521-week-2/ MGT 521 WEEK 2 week 2 complete 1- Complete the Effective Research and Writing at University of Phoenix Module. Save a screen shot of the completion screen as a Microsoft Word document on your computer once you finish the module. Click the Assignment Files tab to submit your assignment 2- Navigate to the My Career Plan in Phoenix Career Services. Complete the Career Plan Building Activity: Work Culture Preferences. Note. Access to Career Plan Building Activity: Work Culture Preferences is only available after you complete the Career Plan Building Activity: Competencies. Write a paper of no more than 350 words discussing the results of your Career Plan Building Activity: Work Culture Preferences and Competencies. Reflect on your results. How can knowing your ideal work culture help you in developing strategic and operational plans to achieve organizational goals? Which competencies are essential to conducting a strengths, weaknesses, opportunities, and threats (SWOT) analysis? How do your competencies relate to the essential competencies for conducting a SWOT analysis? Click the Assignment Files tab to submit your assignment. 3- You have decided to pursue an MBA degree either to further your career, start a new career, or achieve a personal goal. In this program, you will study the functional areas of business. Use the MBA Overview and Effective Research and Writing...

Words: 590 - Pages: 3

Premium Essay

Argumentation Paper

...Why I Pursued my MBA February 8, 2010 MGT/521 Richard Bowman In choosing to pursue my masters in business management (MBA) I never imagined the journey that was ahead of me. The choice to earn my MBA was strictly goal orientated. To stay on task and be focused, I had to set smaller and more attainable goals to help prepare for the end of my journey. When deciding to obtain my MBA it was understandable that there were going to be several obstacles in my way. I found it was easier to start the journey with smaller obtainable units that would reward and keep me focused on the end of the journey and the prize. The journey of obtaining my MBA has been enlightening, revealing and harder than any one person could have ever described. I have had to be driven to achieve my goal for an education. My desire, my determination, obtainable goals, mentors and support have all helped keep me on the road to the prize. Personality tests can be a useful tool to show attributes, preferences, weaknesses and can assist a person or give them a better insight as to this person’s behavior or work style. Personality tests can incorrectly label a person or incorrectly categorize a person. After taking the Jungian 16-Type Personality tests, it was surprising to find that some of the analysis such as defining me as a Type A personality was dead on. The personality tests viewed me as ENFP which was a shock to me. The description and job suggestions matched were nothing...

Words: 737 - Pages: 3

Premium Essay

Construct and Support an Argument Paper

...Construct and Support an Argument Paper Jonathan Ray Santos University of Phoenix MGT/521 October 5, 2010 The purpose of this paper is to construct and support an argument on the decision I made to pursue a Master’s of Business Administration (MBA) degree to further my career as the head of IT. With today’s society, it is easy to find a subject controversial. The paper will elaborate at the benefits of undertaking MBA program with an emphasis in business management and IT analysis. An argument is an oral disagreement, a verbal opposition or even an altercation. Some may say that it is a discussion involving differing points of view. In the corporate world, debates run rampant on our culture and can be viewed as a constructional tool to improve, advance a roadblock, or the source of a company’s failure. So as a start, referencing the Jungian 16-type personality assessment was the first step. I scored ENFP and agree with the decision. According to the Jungian Assessment, those with the ENFP score are better in business analyst roles and tend to be conscientiousness and critical in the decision making process (Pearson Prentice Hall, 2007). Having a very independent and stubborn nature in both my work and personal life I believe the Jungian 16-type personality assessment supports my decision to further my education and enter the critical field of information technology. The personality assessment specifies that I am extroverted, intuitive, thinker, and judging...

Words: 744 - Pages: 3

Premium Essay

Pursuing an Mba

...Pursing a Masters in Business Administration Management 521 February 20, 2010 Pursuing a Masters in Business Administration Pursuing a Masters in Business Administration (MBA) degree to achieve a personal goal may seem ludicrous to some, but not to the individual who desires to have a solid foundation of knowledge on which to build on. An undergraduate who decides to return to school as a graduate student is investing in his or her future. According to Levy (n.d.), an MBA can open doors for an individual and expose students to the business world in terms of job functions and industry. This paper will present an argument pertaining to pursuing an MBA. Additionally, the “What’s my Jungian 16-Type Personality” assessment will take a look at benefits in pursuing this degree. As a goal oriented individual, the decision to pursue an MBA degree was the right choice. Aside from personal ambition and goals, the decision will enhance my career opportunities, development, and will be a valuable asset. The MBA will also open doors to my personal, professional and financial fulfillment. I have been successful in my current position as a clinical research associate (CRA), and although I have had many experiences, the MBA program will enable me to expand my professional horizons and will facilitate me to acquire a solid business understanding. The Argument People have asked me why I am pursuing an MBA degree since my undergraduate degree is in health administration, and I currently...

Words: 985 - Pages: 4

Premium Essay

Construct and Support Argument Paper

...Argument MGT/521: Management August 08 2010 Pursuing a masters in business administration was one of my many dreams and the best decisions I could every make. I knew that choosing to pursue a masters in business administration would begin many new career opportunities. In July 2006, I had the opportunity to obtain my undergraduate degree from the International Academy of Design and Technology Tampa in Recording Arts (Audio Engineering) at the age of 31. At times, the decision felt a little tough because I work time and run my own recording studio. At my old collage, several of my instructors actually made an impact in my life; they advised me to pursue the MBA after six months to a year of rest, in order to get some of my affairs in order. By pursuing an MBA degree, I can also go back and teach at the Academy, it also helps me to achieve goals in my personal life, such as becoming a better businessperson. Some of my former instructors perceive me to be a complex person with a big vision and a low tolerance for stupidity. I thought long about my decision and the time it would take to finish the MBA program and the time I had to give up to accomplish my goals. I did not want to waste any more time and have my dreams ruined, I determined that it made more sense not to wait six months to a year, I only took three months off to give my brain a rest than I decided to pursue my MBA right away after earning my undergraduate degree at the Academy. My decision to pursue an MBA degree was...

Words: 1013 - Pages: 5

Free Essay

Construct and Support an Argument

...Phoenix Management MGT 521 Russell Arenz III July 12, 2010 Construct and Support an Argument My decision to continue my education and pursue an MBA is to gain the required skills needed to start a new career in my near future. Pursuing an MBA will make it possible to live a better economic life and to have a good job with security and top pay. I have chosen this route even with the current economic situation, knowing that new jobs may not be available by the time I finish with my MBA. An MBA would benefit me greatly in a variety of ways. Pursuing an MBA will aid in the development of the skills I need in the finance and accounting areas. Of course the increase in pay from possessing an MBA does not hurt either. When researching jobs online I am finding that by having a master’s degree, the pay is substantially higher than those with a bachelor’s degree. Other than career and financial reasons, I do have a personal goal to achieve more than my siblings. Out of four sisters only two of us have a bachelor’s degree. I would love nothing more than to become the other sibling to obtain a masters degree. Plain and simple, I want to do better than all of my sisters. In this economy, having a good paying job with security is vital. “In nearly every sector of the globe, the prospect of making more money and living a better economic life draws thousands of students to MBA programs” (Euders.com, 2009). I plan hopefully to open my own business someday in the very near...

Words: 847 - Pages: 4

Premium Essay

Performance Teams

...The Pursuit of Happiness and Success Angela Morrow MGT/521 May 5, 2010 Donald Wicker “Success is not the key to happiness, “Happiness is the key to success; if you love what you are doing, you will always be successful. (Albert Schwetzer). Happiness is defined as a state of mind or feeling characterized by contentment, love, satisfaction, pleasure or joy. Success is defined as an event that has accomplished its intended purpose in mind. Happiness and success is what I am aiming for in life. To be able to have a life that is full of happiness is the ultimate achievement and I feel that if I am happy in what I am doing I will truly be successful. In saying that I feel that earning my Masters of Business in Administration degree will enable me to both be happy and successful. About 15 years ago while working for the federally funded program Head Start, My love for children was established and I just knew I wanted to teach, however there was one major road block in my way; no degree. So I returned to school to pursue a degree in Early Childhood Education. After I received my degree I was promoted to a teaching position. I was so happy but not satisfied; I once again returned to school and this time I obtained a bachelors degree in Psychology. I chose these two combinations because I always envisioned myself owning and operating my own preschool that would afford opportunities for the lower socio-economic spectrum of children in our society to engage...

Words: 627 - Pages: 3

Premium Essay

Constructing and Supporting an Argument for Pursuing Master's Degree

...Construct and Support an Argument Kristy Valerius MGT/521 December 06th, 2010 Instructor: Jerry Davis Construct and Support an Argument Today I will be constructing a supporting an argument regarding my decision to pursue an Master’s in Business Administration (MBA) degree to achieve a personal business goal. Next, I will discuss the description to construct and Support an Argument. Finally, I will discuss the considerations of the Jungian Personality self-assessment on how others perceive you. My decision to pursue my MBA I decided to pursue my Master’s Degree with University of Phoenix because I wanted to achieve another business degree before taking the next steps toward opening my own childcare center. Opening up my own childcare center has been a dream goal since I was a teenager. Once I graduate with my Master’s Degree there is a lady I know who already operates two Goddard School Franchises. Ms. Karen told me that when I am ready to take the first steps, such as finding a place, and getting a loan that she will be there to help guide me in the right direction such as giving me the first $25,000 as a down payment. After I do find a place, I plan on starting with infants and toddlers, this way I am able to get my name recognized around the city as a childcare center owner within my community where I live. Pros and Cons of getting my MBA As stated by Clouse, (2006, p. 433-434), “In argumentation, the writer offers evidence to support...

Words: 1176 - Pages: 5

Premium Essay

Advantages and Disadvantages of Pursing an Mba

...Advantages and Disadvantages of Pursuing an MBA Advantages and Disadvantages of Pursing an MBA The decision to pursue a Master’s in Business Administration is a difficult, personal decision. In fact, I categorize it as a life changing decision. For instance, this decision is like most major decisions people make. Whether the decision is over buying a home, changing careers, starting a family or buying that dream car, it is usually laced with advantages and disadvantages, pros and cons, and benefits and consequences. Whether or not those advantages and disadvantages are tangible, quantifiable and measurable, most would agree that they exist and they sometimes have life changing affects. For example, some people think that it is a disadvantage to buy a home because it usually results in one securing a long-term loan whereby a monetary commitment is required from the borrower or homeowner. If this commitment is broken or one is unable to pay as agreed, the borrower or homeowner can lose valuable assets, seriously hinder their ability to borrow money in the future and be looked upon by the banking and financial community as a liability or risk. On the other hand, or some of the advantages of buying a home may result in credit worthiness, proves that you are trustworthy, disciplined and according to Weintrub (2010), “gives one a sense of pride in ownership, stability and security” (para. 2.). With the above mention in mind, I will explore my personal advantages and disadvantages...

Words: 1259 - Pages: 6

Premium Essay

Argument Paper Mgt 521

...argument MGT/521 Individual Assignment: Construct and support an argument Over the past 28 years, I worked in the health care profession as a Registered Nurse. Just within the past three years, given the opportunity to run a Surgical Services Department for a large hospital organization my responsibilities include oversight/management of 50 employees between Pre-Admission Testing (PAT), Same Day Surgery (SDS). Gastroenterology Clinic (GI), Pain Center, five Operating Rooms (ORs) and a Post Anesthesia Care Unit (PACU). Currently we do an average case volume of 14,000 cases per year generating revenue of between 10-15 million dollars for the hospital. To learn and develop into a better leader, I have decided to complete my Master’s of Business Administration degree. In this paper, I will argue that online learning is the most practical, efficient, beneficial course to pursue a degree., The MBA degree will provide me the skills necessary to successful development our department to weather the challenging health care market of the future. My goal to achieve an MBA may seem a unique process to follow, especially because I am a registered nurse. Many of my colleagues have suggested obtaining a MS in Nursing. The evolution of the health care industry is ever changing to a pay for performance environment (Molpus, 2011). The future of Nursing Leadership requires not only the ability to manage patient care but also to develop strategies for managing the business aspect in...

Words: 1010 - Pages: 5

Free Essay

Mgt 521

...employees who have a certain skill set and training that could help improve their business. They also are looking for managers to step in with the knowledge and expertise to be efficient in managing others and their business. The reason for pursuing a Masters in Business Administration degree is to start a new career. “Equipping yourself with an MBA degree during the phase of slow down helps you to position yourself strategically when the upturn begins” (Saxena). The argument will be based on personal and professional goals for getting an MBA, including: family, leadership skills, develop into a marketable asset, better career prospects, job progression, and to gain the skills to adapt to the changing workforce. Furthermore the argument will analyze the personal perception and perception of others regarding the Jungian assessment. Having both personal and professional goals set will help someone accomplish the great opportunity of pursuing an MBA to start a new career. A personal goal for pursuing an MBA could be for the betterment of a family. Pursuing an MBA is not solely for the individual, but it is also to give their family a better life. Keeping family in mind and at the forefront will lead to success because God and family are excellent motivational tools. Another personal goal could be to gain better leadership skills so an individual can succeed in and out of the workplace. Pursuing an MBA will “hone you to survive despite recession, and helps you to...

Words: 1489 - Pages: 6

Premium Essay

Role of a Manager Within the Functional Areas of Business

...Role of a Manager within the Functional Areas of Business MGT/521 10/12/2012 Carlton Robinson Abstract According to the University of Phoenix MBA Overview Module (n.d.), there are 11 functional areas of business that managers play an important role. However, for the purposes of this paper, we will focus on in my opinion the four major functional areas of a business (management, human resource, finance and marketing) that managers play a key role, regardless of the company size. Each line of business have specific duties and responsibilities, however, they all come together to work for the success of the company. Management Management is the practice of coordinating and overseeing the work of others so that organizational goals can be accomplished. Managers ensure business success through efficiency and the effective use of employees, the business's most important resource (University of Phoenix, n.d.). Managers are the first line of defense to interpret the culture and atmosphere management wants to present to the business as a whole. In addition, they must provide the tools and resources to employees for the company to accomplish the goal’s management has implemented. If the goals are not being performed employees have to work with management to address the changes and make corrective actions to maintain positive stability in the business environment. Human Resource Managers use Human Resource management throughout the employee life cycle, including hiring...

Words: 864 - Pages: 4

Premium Essay

Career Advancement or Waste of Money?

...Career Advancement or Waste of Money? MGT/521 Career Advancement or Waste of Money? Obtaining a masters degree is an honor than many people may never experience. In addition to the honor of holding the degree, an MBA will generate greater chances for promotion, accelerated leadership opportunities, and best of all, higher pay. This decision is not without its drawbacks. After completing 26 undergraduate courses to obtain a bachelors degree over the last three years the choice to return to school after a two week break was not without trepidation. However, the two main reasons I have chosen to return to the University of Phoenix to compete my Masters in Business Administration are financial and self-worth. I can not afford to pay my finical aid back yet, so by continuing my education I can defer my payments two more years, until I complete the program. Second, I never thought I would accomplish an associates degree let alone a bachelors degree, so by accomplishing an MBA, I will surpass any personal goals I previously set for myself. Jungian 16-type personality assessment One of the tools UoP uses are the computer-based assessment programs. Pearson/Prentis Hall provides a series of quizzes in a self-assessment library that provide in-depth analysis of a variety of manager based personality traits. The Jungian 16-type personality assessment computes personality and interpretations to help the student better assess career choices. My assessment combination was ENFJ. This...

Words: 969 - Pages: 4